Shambhu Hotel Llc
2950 South River Road, Des Plaines, IL 60018 · Hotels (except Casino Hotels) and Motels (NAICS 721110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
1
Total Amount
$5.5M
Jobs Supported
5
Years Active
2024
Loan History (1)
Source: SBA FOIA504$5,500,000
NOT FUNDED
- Approved
- Aug 16, 2024 (FY2024)
- Term
- 300 months (25.0 yrs)
- Jobs Supported
- 5
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
Lender
Midland States Bank
Certified Development Company (CDC)
Somercor 504, Inc.
209 S. Lasalle Street, Chicago, IL 60604
Third-Party Lender
Midland States Bank · Effingham, IL
Project Location
Cook County, IL
Business Details
- Business Type
- Corporation
- Business Age
- Change of Ownership
- NAICS Code
- 721110 — Hotels (except Casino Hotels) and Motels
- Address
- 2950 South River Road
Des Plaines, IL 60018
Lender
- Midland States Bank